1620 Investment Advisors, Inc. (Plymouth)

Name: 1620 Investment Advisors, Inc.
Address: 36 Cordage Park Circle, Plymouth, MA, 02360
Telephone: 508-830-4778

1620 Investment Advisors, Inc. is a large advisory firm based in Plymouth. It manages $122.08 million of regulatory assets for 429 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Massachusetts, New Hampshire, New York, and Texas.

1620 Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

1620 Investment Advisors: assets under management

The assets under management (AUM) of 1620 Investment Advisors, Inc. is $122.08 million. The firm's AUM has grown by 82% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.54 million in discretionary accounts and $2.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $281.94 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $506.59 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 1620 Investment Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Todd Adams Johnston serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Todd Adams Johnston is high net worth individuals with 35 clients and $79.68 million of assets under management. Among the 8 most similar advisory firms, 1620 Investment Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $118.52 million for 169 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

1620 Investment Advisors doesn't advise any private funds.

Careers at 1620 Investment Advisors, Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Todd Adams Johnston has been acting as President since 1 Mar 1999. Martin Anthony Wildy joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Todd Adams Johnston	President/chief compliance officer	1 Mar 1999	50% - 75%	1542559
Martin Anthony Wildy	Shareholder	1 May 2003	Other	4264267
Michelle Renee Johnston	Treasurer	1 May 2003	Other	1957139
Susan Mary Rourke	Portfolio manager/analyst	1 May 2003	Other	4618942

Based in Plymouth

The principal office where 1620 Investment Advisors, Inc. performs its advisory services is located at 36 Cordage Park Circle, Plymouth, MA 02360, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 508-830-4778 or by fax 508-830-0524. The normal business hours are 8:45am-5:00pm on Monday - Friday. You can find more information about the New York firm at 1620ia.com.